Browsing: Economy

SAO PAULO (Reuters) – The chief executives of Brazil’s largest private lenders, Itau and Bradesco, defended on Tuesday the government’s planned tax reform, emphasizing that the…

President Joe Biden took credit for a strong U.S. labor market Wednesday in a speech that labeled his economic policy program “Bidenomics,” arguing that his efforts…

By Nivedita Balu and Fergal Smith TORONTO (Reuters) – Canada’s record pace of interest rate hikes has led to the repayment period for many variable rate…

If current laws remain unchanged, the U.S. budget deficit will widen at a rapid pace and reach levels only exceeded during World War II and the…

WASHINGTON (Reuters) – President Joe Biden said on Tuesday the United States economy is “strong now” and he does not expect a recession, a day before…

White House spokesman John Kirby on Wednesday said U.S. officials are continuing to push Russia for more access to detained Wall Street Journal reporter Evan Gershkovich,…

BRASILIA (Reuters) -Brazil’s planning and budget minister, Simone Tebet, said on Tuesday that the country’s central bank is causing “unnecessary noise” by publishing varying comments regarding…

By Renju Jose SYDNEY (Reuters) – Australia’s budget surplus for 2022/23 will be bigger than the A$4.2 billion ($2.81 billion) projected in the May budget but…

The numbers: The trade deficit in goods narrowed by 6% in May due to lower oil prices and less demand among consumers for imports, perhaps a sign…

ISLAMABAD (Reuters) -Pakistan hopes a bailout decision from the International Monetary Fund (IMF) will come in a day or two, its prime minister said on Tuesday,…